Florida Homebuyers are On Strike

Buyers are on strike in Florida and sellers are starting to panic.

Homes are sitting longer. Prices are dropping. Inventory is climbing. And even hot markets like Miami, Tampa, and Orlando are feeling it.

Click here to watch the full breakdown: Watch the video now

Here’s what’s going on…

We’ve got nearly 177,000 homes on the market across Florida. That’s up 34% from last year and the highest inventory we’ve seen since 2016. In St. Pete, Tampa, and Clearwater, listings just jumped again to 5.8% in one month. Miami is sitting on 50,000+ listings. Orlando? Over 13,000.

Sellers used to call the shots. Not anymore. Buyers are looking at the numbers and saying “no thanks.” They’re tired of overpriced homes, crazy insurance premiums, and the threat of hurricanes. They’re not rushing in. They’re lowballing. They’re walking away. Some are backing out before closing.

And sellers? They’re losing their minds.

Price cuts are everywhere.

Deals that used to get 10 offers in a weekend now sit for weeks.

Prices are down across the board:

• Median price per square foot: ⬇️ 11%

• Median listing price: ⬇️ 17% from the 2022 high

• Even Miami, Orlando, and St. Pete are feeling it

And it’s not just the sticker price keeping people away. It’s everything else:

• Mortgage rates still hovering around 6.5%

• Insurance rates climbing every year

• HOA fees, property taxes, and maintenance costs adding up fast

Bottom line: it’s still too expensive for a lot of people to pull the trigger.

But here’s the good news—this is a huge opportunity if you’re buying.

Sellers are sweating. Showings are down. Offers aren’t coming in.

This is your moment to negotiate because remember, Florida is still paradise. Moving here was the best decision I’ve ever made despite all the issues. The quality of life is unmatched.

Want to know the move I use to find deals before anyone else? Click here to watch the video and get the full strategy: Watch it now

Grant Warrington

Think like an Investor

YouTube Channel

P.S. The buyers who move now are going to win. The ones who wait for the media to say “now’s the time” are already too late. Watch the video here.